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Methuen Town 01844
85 Riverview Boulevard
$355,000
● House - Off Market

85 Riverview Boulevard

Methuen, MA 01844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,754 Ft²
$800,983
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

YOUR HUNT IS OVER! THIS HOME HAS GREAT LOCATION, VALUE & AMENITIES. FARMERS PORCH, REAR COVERED DECK, SEASONAL VIEWS OF MERRIMACK, ATTACHED GARAGE & EXPANSION POTENTIAL IN WALK OUT BASEMENT. ATTIC. HANDY TO 495/93 & "THE LOOP".
Unit Size
1,754 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$205
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30759559)

Price History

Date / Event Date Event Price
Nov 24, 2003 Sold
Premium
Sold
Aug 22, 2003 Listed by Keller Williams Realty $360,000
Listed by Keller Williams Realty
Aug 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 966
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,754
  • Gross Building Area: 4,070
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEILA MOREAU ROSALIE BLUNDEN
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252601

Zoning

  • Zoning: RD

Geography

  • Account Number: 3484
  • Parcel: METH M:01113 B:00109T L:00001A
  • Block: 109T
  • Lot: 1A
  • Municipality: METHUEN
  • Latitude: 42.7283
  • Longitude: -71.129

    Address

  • Full Address: 85 Riverview Blvd
  • Address - House Number: 85
  • Address - Street Name: Riverview
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Methuen
  • Carrier Code: C040
  • 4-Digit Zip Code: 6019
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586,800

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 621,523
  • High Value: 727,948
  • Low Value: 515,099

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,500
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $333,500

    Sales

  • Current Sale Recording Date: Nov 24, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 67021
  • Previous Sale Recording Date: Aug 08, 2001
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2150 ft²

Average Home Age

54.9 years

Currently For Sale

74 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30759559

Frequently Asked Questions

When was property at 85 Riverview Boulevard built and last sold?
The property at 85 Riverview Boulevard was built in 1998 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 85 Riverview Boulevard is $0.
What are some comparable homes to 85 Riverview Boulevard?
There are currently no comparable homes to 85 Riverview Boulevard.
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